Who is draining Ordinals’ liquidity? Have they forgotten who injected liquidity into the Bitcoin ecosystem in the first place?
Let’s first look at who is draining the liquidity of Ordinals inscriptions:
1. 20 inscriptions on each chain:
Ether Inscription Eths: At least we can see something coming out, which can make the most active group of Ethereum users on the blockchain get used to the inscription transaction method. Other 20s, including ferc20 of arb, bsc20 of bsc chain, LTC20 of ltc chain, sol20 of sol chain, etc., what have they brought to Ordinals? How many are still alive?
2. Various BRC20 competing protocols on the BTC chain:
First of all, we need to clearly understand that the short-term popularity of atom is not due to the atomics coloring scheme itself. This coloring scheme was tried many years ago and was not successful. The success of atom is due to the success of ordinarys, especially the huge wealth effect brought by ordi and sats, which caused the value to overflow to atom. However, the temporary popularity of atom did stimulate casey and triggered the birth of Runes protocol, which is also a coloring scheme. Now BRC20 and Runes are competing for hegemony, and it is the third dragon atom that is slowly being forgotten. Not to mention orc20, cbrc20, stamp src20, cook, and the unofficial NostAssets double T on the lightning network on other BTC chains, how many of them are still alive?
3. Various Bitcoin EVM Sidechains
Why don't I use the word L2? Because it is not BTC L2 at all. Currently, dozens of Bitcoin EVM sidechains are launched under the banner of Bitcoin L2, with one-click chain launch. They are calling for diversion of Bitcoin ecology, but they are indeed intercepting Bitcoin ecology traffic and funds. Various sidechains can be replaced at any time in the torrent of ecological development, but Bitcoin's native L1 will always be alive and well, especially the leaders of various sub-tracks, protocols, exchanges, and construction forces on the leading Ordinals will be alive and well. In the future, the ecological explosion will naturally give it the high valuation it deserves.
4. Gas Fee Income from Mining
The gas fee income of the miners is, in plain words, the first-level new issuance. This issuance was originally given to various air coins ICOs that claim to be applications. Now the first-level mint is given to miners to maintain the stability of the Bitcoin network. To this day, we have to admit that the largest, most successful and most beneficial blockchain is still Bitcoin, and the first major function of Bitcoin is mining. Instead of investing the money in the first level to various air coins ICOs that claim to be applications, it is better to give it to the Bitcoin network, which is at least open, fair and just without rat trading.
Think about why the Bitcoin Ordinals ecosystem attracted you in the first place❓
At least in my opinion, the reason why ordinarys attracted me is that suddenly one day I discovered that Bitcoin has its own ecosystem, and there are even many new ways to play. It is no longer just an indicator of the market, and no longer just a value calibration. What is unimaginable is that Bitcoin can also be played.
Think about who injected liquidity into the Bitcoin ecosystem in the first place❓
The answer is undoubtedly:
They are the most common retail investors in blockchain.
A true advocate of Bitcoin.
They are the builders of the Bitcoin ecosystem.
Think about how the Bitcoin Ordinals ecosystem will develop better in the future❓
① Focus: Transform the new issuance model that is mainly based on primary mint issuance into a trading model that is mainly based on secondary trading price increases.
Without the liquidity of secondary trading, there will be no primary new stock issuance. Instead of constantly looking for new new stock issuance standards, it is better to consolidate the existing leading varieties that have been minted and focus on promoting the leading stocks. This is the way out. There is no point in using those small-scale routines.
②Meme gameplay: create IP, build community, and pull the leader
If users want to play memes, they don’t have to spend a lot of money on engraving. They can choose the best from the four-character brc20 and build it well. Whether you have a large number of addresses, you can build a good community; whether you have a small number of addresses, the price is low enough, you can do a good job of IP, build a good community, and build a good consensus, which will eventually be reflected in the multiples of low starting point and high returns.
③ Construction method: Make the application well, attract users for the application, and get valuation based on user feedback
Any ecosystem cannot be built with just memes. It must have a complete infrastructure, various real L2, defi and gamefi applications to support the ecosystem to go further. If the project party wants to do a good job in the project and application to attract users, then use the 5-character BRC20 or Runes pre-deployment method to deploy, build well and gain the recognition of Bitcoin ecosystem users. If your product is used and supported by users, it will naturally give you market valuation and returns.
For all the above, please think about this issue clearly. Instead of trying to make a little money, it is better to really settle down and do the following:
Think about why the Bitcoin Ordinals ecosystem attracted you in the first place?
Think about who injected liquidity into the Bitcoin ecosystem in the first place?
Think about how the Bitcoin Ordinals ecosystem will develop better in the future?
Think about who are the leaders in each segment of the Bitcoin Ordinals ecosystem?
Think about it: How to reach consensus? How to build? How to invest? #ORDIUSDT #Ordinals协议 #ORDI.智能策略库🏆🏆🏆 #ordi #Ordinals.
